Quick Overview of Cypress Development's Exploration Projects
Cypress Development Corp. (TSX-V: CYP) is a publicly traded lithium, zinc-silver and gold exploration and development company whose main assets include the ownership and development of several precious and base metal projects. Three projects are located in Nevada, United States and one project is located in Ontario, Canada. The Company is continually searching for high-potential mineral projects to add to its exploration and development portfolio.
Cypress Development's mission is to increase shareholder value by developing exploration projects near world-class deposits that have the potential of becoming new discoveries.
Clayton Valley Lithium Project, Esmeralda County, Nevada, U.S.A.:
Cypress is acquiring a 100% interest in the 1,520 acre Clayton Valley Lithium Project located in the heart of the Clayton Valley lithium brine exploration area of Esmeralda County, Nevada. The Company's flagship Clayton Valley Project is located on the south flank of "Angel Island" and immediately southeast of the Albemarle Silver Peak Lithium Brine Mine. Cypress' Clayton Valley Project shares its western boundary with the lithium brine Northern Resource Area controlled by Pure Energy Minerals.
Cypress' highly prospective "Glory" and "Angel" claims are located within 0.5 miles (>1000m) south of current and past producing lithium brine wells belonging to the Albemarle Silver Peak Mine. A planned 2016 drilling program at Cypress' Clayton Valley Project targeting lithium rich brines will also include shallow holes targeting a 2 kilometer zone of 1,100 ppm Li in a highly soluble form of lithium rich claystone discovered in 2016 outcropping at surface.
Alkali Valley Lithium Project, Esmeralda County, Nevada, U.S.A.:
The Company has also acquired a 100% interest in the 1,780 acre Alkali Valley lithium brine project located in Esmeralda County, Nevada. Cypress' Alkali Valley (AV) lithium brine project covers the central and northeast portions of the bottom of the Alkali Lake Playa and is contiguous with claims of the Dajin Resources Alkali Lake lithium project.
Gunman Zinc-Silver Project, White Pine County, Nevada, U.S.A.:
Cypress holds a 100% interest in its approximately 1,100 acre high-grade Gunman Zinc-Silver Project located in White Pine County, northeast of Eureka, Nevada. Five RC drill programs totaling approx. 55,000 feet have been completed by Cypress on the Gunman project with significant near surface grades up to 35% per ton zinc and up to 15.0 oz per ton silver over considerable widths encountered. Additional drilling will include the RH South target, located approx. 500 feet south of the main RH Zone, where mineralized outcrops assayed up to 41% zinc and 12 oz per ton silver.
McKenzie Island Gold Project, Red Lake, Ontario, Canada:
Cypress Development Corp has a 100% interest in the McKenzie Island Gold project located in the heart of the historic Red Lake gold mining district of Northwestern Ontario. The 4,720 acres are located adjacent to the west of Goldcorp's Cochenour / Bruce Channel gold deposit, west of Goldcorp's / Premier Gold's Rahill-Bonanza project, and 5 miles due west of Goldcorp's operating Red Lake and Campbell Gold Mines.
Robert Marvin, P.Geo., Senior Project Geologist for Cypress Development is the Qualified Person as defined by National Instrument 43-101 and supervised both the project field exploration and the preparation of the technical information on this website.
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